Reported about 5 hours ago
Vanguard Properties, a Lisbon-based real estate developer, is set to sell four hotels and branded residences in Comporta, Portugal, which are currently under development. The move aims to refocus on the residential market amidst increasing investor interest in Portuguese hotels. The company anticipates a substantial valuation for the assets and plans to complete the sale by 2026, while emphasizing a strong real estate sector bolstered by tourism growth and foreign investment.
Source: YAHOO